When you hear the term “transportation industry” you may think of the trucking industry, but it is much more than that. Every time you order an Uber ride or mail a package, you’re using a service from the transportation industry. This sector includes all businesses and companies that are involved with the movement of people or goods whether it’s by land, sea, or air transport. There are many types of companies in the transportation sector.
Among technical analysts, the concept of Relative Strength is very popular. The concept is simple but powerful. Relative Strength is simply the measurement of one security’s price performance relative to another security, to a benchmark index, or to another group of securities. The power in Relative Strength is that it tends to persist for a measurable length of time, often for weeks and months. There are a number of well-documented reasons for this. The most obvious reason is that Relative Strength identifies and takes advantage of the herd mentality on Wall Street.
Our next Customer Spotlight of the month is dedicated to Everysk Technologies, a thriving investment technology firm that focuses on providing multi-asset risk solutions for hedge funds, wealth advisors, and a variety of businesses. Everysk Technologies aims to help its clients by growing their businesses through tailored services, specifically customized portfolio reports, specialized workflows, flexible integrations, and other organizational resources. We spoke to COO, Nick Beattie, about the origin of Everysk, the company’s biggest successes this year, and why they chose to partner with Intrinio.
Blockchain technology is swiftly growing and interfering with several areas of the finance world, specifically the financial services sector. This technology is a secure, decentralized database that keeps track of every single digital transaction that takes place in the network, without the need of a third-party source monitoring it. The way information is recorded on the ledger system makes it extremely difficult for hackers to alter or corrupt.
It’s a brand new year and we’re excited to announce the first Customer Spotlight of 2022! January's first Customer Spotlight is dedicated to Capital Flow, a refined financial platform that focuses primarily on helping novice traders reach their full stock market potential. Capital Flow cares about the user experience and they are committed to providing beneficial data and tools. We spoke to CEO, Joey Taylor, about what inspired him to start Capital Flow, how they set themselves apart from their competitors, and the company’s biggest challenges so far.
Running a business involves a lot of demanding work and smart decision-making. Luckily, there’s an infinite number of readily available resources and tools that can help facilitate your company’s success. That’s where real-time market data comes into play. Real-time data offers many valuable advantages for your company. Below are six vital reasons why you should start implementing real-time data analytics into your business operation.
In this article, I will show you how to set up a basic Extract, Transform and Load (ETL) process to pull end-of-day stock market exchange data into the Relational Database Service (RDS platform) provided by Amazon Web Services (AWS) using the Python scripting language and the MySQL database language.
Businesses of all types rely on good accounting practices in order to run smoothly and ensure that their operation is making a profit. The methodologies may differ from company to company, but they all fall into one of two general categories: cash basis or accrual basis. Most individuals and smaller businesses use the cash method for ease of use, but larger and more complex businesses use the accrual method of accounting. One aspect of accrual accounting that can be somewhat confusing is related to accrued expenses.
You’ve done it! You’ve created the one trading strategy that will rule them all. You’ve backtested it on your laptop against Snowflake or a flat file, and it’s now ready for some real, streamed data. You hook it up to the options or multi-exchange websocket client in firehose mode (you know, so you get all the things), hit start, and are excited to see some #winning results. Instead, you hear the aircraft engine-like noise of your laptop fans speeding up to maximum and you singe some leg hair as the bottom of the laptop turns into lava.
Every business under the sun exists to make a profit and gradually expand their profit margin, but the only way to really know whether that’s happening is through good accounting practices. One of the many ways to evaluate the financial health of a company is to look at net income, the true “bottom line” of a firm that indicates income after accounting for all costs, expenditures, depreciation, amortization, interest, and taxes. While net income is an important measure, many companies also look to EBIT for a more accurate snapshot of their finances.